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These days, finding an affordable place to live in the 46517 area can be challenging. Home prices in 46517 are now at a median cost of $173,465, lower than the Indiana average of $232,932.
The average cost of rent is $1,165/mo in 46517, primarily driven by the current value of real estate in the 46517 area. In 46517, 33.49% of households rent, and 35.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 46517 is $5,598 per month. Households that rent pay about 20.81% of their income on rent here. 46517’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 46516, IN: equally priced homes
- 46514, IN: higher priced homes
- 46561, IN: higher priced homes
- 46573, IN: higher priced homes
- 46526, IN: higher priced homes
- 46528, IN: higher priced homes
- 46507, IN: higher priced homes
- 46544, IN: higher priced homes
- 46545, IN: equally priced homes
- 49112, MI: higher priced homes
Zip Codes with Similar Populations
- 32778, FL: higher priced homes
- 08088, NJ: higher priced homes
- 75020, TX: higher priced homes
- 40223, KY: higher priced homes
- 40741, KY: equally priced homes
- 44137, OH: less expensive homes
- 44857, OH: equally priced homes
- 45248, OH: higher priced homes
- 46321, IN: higher priced homes
- 46322, IN: higher priced homes
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